As we discussed in our June 8, 2021, Fiscal Report article “K–12 Deferrals May Be One-Time After All,” both the Governor and the Legislature—whether in large part or in whole—have proposed paying down the deferrals experienced by both K–12 school districts and charter schools, and community college districts. This does not mean, however, that the effects of the last year are completely behind us.
To help local educational agencies (LEAs) understand and prepare for the unprecedented amount of one-time COVID-19 funding that has been provided, the challenges that might be experienced, and the impacts to cash, as well as provide some best practices to manage cash in the year to come, the California School Finance Authority (CSFA) will be holding a webinar on July 22, 2021, from 10:30 a.m. to 11:45 a.m.
“Putting Deferrals in the Rear-View and the Road Ahead for K–12 Districts and Charter Schools” will offer expert insights on these topics as well as highlights from the 2021–22 State Budget. In addition, the webinar will take a closer look at the fiscal cliff facing many school districts in California in 2022–23 due to the combination of declining enrollment and the hold harmless protections provided to LEAs in the wake of the pandemic.
To register, click here.